~ A Blog on Gems

Swiss Watch Exports Run Slow Again

RAPAPORT… April saw Swiss watch exports return to the downward trend
that has characterized the industry’s performance over the past two years, as
demand from Hong Kong and the US slumped.
Shipments of timepieces fell 5.7% to $1.58 billion (CHF 1.53
billion) last month compared with the previous year, the Federation of the
Swiss Watch Industry reported Tuesday. This followed a more positive…